BASKING RIDGE, N.J.–Affinity Federal Credit Union and NEA Federal Credit Union have merged.
The combined credit union will serve 140,000 members across New Jersey, New York and Connecticut. The merged entities will operate under the Affinity brand.
The $2.8-billion Affinity FCU is the largest CU headquartered in New Jersey. The $95-million NEA FCU was headquartered in Bardonia, N.Y. Combined, the credit union will have 20 branches.
"Affinity and NEA historically share similar cultures and values, making this merger a beneficial and seamless transition for current and future members," said John T. Fenton, president and CEO of Affinity Federal Credit Union. "Expanding our footprint to include New York and Connecticut communities will allow us to continue building financial strength to more fully serve individuals and businesses in these regions."